Are Jacksonville home prices expected to drop further?

Nobody can honestly promise a specific direction. Prices are down modestly year over year, not falling sharply, and the market is described as balanced to slightly seller-favoring by most current reporting — not a buyer's market in the way the term usually implies.

How many days does it actually take to buy a house in Jacksonville right now?

It depends heavily on the specific home. Current data shows a real split: well-priced homes in strong areas can go under contract in under two weeks, while others sit for three months or more. The citywide average sits somewhere in between and can be misleading on its own.

Is Jacksonville still a buyer's market or a seller's market?

Most current data puts it close to balanced, with a slight lean toward sellers overall — but this varies meaningfully by neighborhood and price point, which is why a citywide label only tells part of the story.

Should I wait for mortgage rates to drop before buying?

That's a real financial trade-off, not a simple yes or no — rates have actually trended up, not down, through this fall. A monthly-payment conversation based on your actual numbers is more useful than a guess about where rates go next.

54 KILLARNEY Avenue, St. Johns, FL 32259 (MLS# 2128841)

54 KILLARNEY Avenue, St. Johns, FL 32259

$3,050

Property Type: Residential Lease Bedrooms: 4 Baths: 3 Square Footage: 2,090 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $3,050 List Date: 2/06/2026 Last Modified: 4/21/2026

Overview

Description

Move in ready!!Beautiful home ready for rent in Beach Walk area. No Smoking. Residential Benefit Package (RBP) $50 required for all rentals-NON-Refundable application fee $85. Visit our website for more information and requirements. NO SMOKING

Listing Details MLS# 2128841

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2090
Living Area Source: Public Records
Year Built: 2022
Lot Size Acres: 0.11
Association YN: Yes
Accessibility Features YN: Yes
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: Yes
Stories Total: 2
Senior Community YN: No
Directions: Take I-95 South, Turn left onto Old County Rd 210, Turn left Beach Walk Blvd, Turn Left Albany Bay Blvd, Turn Left onto Killarney Ave, House is on the right
Public Remarks: Move in ready!!Beautiful home ready for rent in Beach Walk area. No Smoking. Residential Benefit Package (RBP) $50 required for all rentals-NON-Refundable application fee $85. Visit our website for more information and requirements. NO SMOKING
List Price/SqFt: 1.46
Sold Price/SqFt: 1.46

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees; Taxes Levels: Two Appliances: Dishwasher; Gas Cooktop; Gas Oven; Refrigerator Laundry Features: Upper Level Patio And Porch Features: Rear Porch Association Amenities: Clubhouse Water Source: Public Parking Features: Garage Sewer: Public Sewer Utilities: Electricity Connected; Water Connected Cooling: Central Air Heating: Central Road Surface Type: Asphalt Road Frontage Type: City Street Tenant Pays: All Utilities; Electricity; Gas; Grounds Care; Water Pets Allowed: Yes; Size Limit; Number Limit

Contract Information

Rental Application URL: www.goldenpenproperties.com/tenants
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-02-05
Lease Term: 12 Months

Location Tax and Legal

Street Number: 54
Street Name: KILLARNEY
Street Suffix: Avenue
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Twin Creeks North

Status Change Information

Major Change Timestamp: 2026-04-21T16:49:41Z
Major Change Type: Status Change
Price Change Timestamp: 2026-03-27T18:47:49Z
Purchase Contract Date: 2026-04-02
Close Date: 2026-04-21
Close Price: 3050

Deposits and Fees

Application Fee: 85
Pet Fee/Deposit: 350
Security Deposit: 3100

More Information

Pets Allowed

Maximum Weight Allowed: 35

Listing Office: GOLDEN PEN PROPERTY MANAGEMENT

Last Updated: April - 21 - 2026

Information deemed reliable but not guaranteed.

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Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.